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20121201
20121231
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
FOX Business
Dec 5, 2012 6:00pm EST
some in detroit say they deserve for helping reelect their commander-in-chief. the city on the brink of financial collapse and will soon lay off thousands of city workers to pay off bills. the total outstanding debt is more than a billion dollars. that is according to moody's investor services. joann watson, city councilmember, her comments are sparking controversy. she claims the president owes the city another bailout because they voted them into office. >> he went to washington dc and he came back home with some bacon. that is what you do. that is what you do. are people overwhelmingly supported him in the election. not just that, but why not? gerri: quid pro quo, bring home the bacon. very controversial. we are going to have one out in just a moment. but first, it could be a day of reckoning lawmakers in michigan considering changing the status to a right to work state, giving workers the freedom to opt out of paying union dues. we have the labor policy director for the mackinac center for labor policy. tell me what it is you're trying to do with this legislation. >> there are ru
FOX Business
Dec 2, 2012 8:00am EST
, tobin, workers point out it's hard to live on $16,000 year in new york city, which is essentially what they're making. >> well, it's hard to live in new york city on 16,0 a month let me tell you. the bigger issue, this is a new york issue. if you look at the overall economy and overall states we're having stes move to right to work state. less unionization. and so, this is a new york centric prlem. you know, the issue of unions, this happens to be the most unionized labor force in the united states. so it sort of les it self-- they're doing themselves a disservice and if you look at the structure in europe where mcdonald's is very large, le mcdonald's hamburger is a dollar and a half more so that's really added labor costs. >> brenda: gary b, we're the not just talking about fast food, we've seen it at wal-mart, at airports, at the shping ports and they're flexing their muscles. >> absolutely, and they have the backing of the current administration, and i don't dismiss what jonas says that ions are going to these quote, unquote, highly skilled. i remember, i worked in a cardboard box f
FOX Business
Dec 14, 2012 3:00pm EST
people waited all night long, lines wrapped around entire city blocks. apple, of course, fourth of $700 per share. the stock is down 28%. certainly bear market territory after the stunning job. what does this matter? well, there is a trickle-down effect suppliers, look at all these guys. all taking a hit. the concern is that weak demand for the iphone or at least the perception of it. the perception of it. and the new ipad many cannibalizing sales of the regular size type at. a lot of you either on apple or the funds or indices that have that as part of it. so is apple writing? we decided to bring into top experts. senior technology analyst. and managing director and head of equity director. i can't believe value of the trading for. >> only for you. liz: thank you so much. all right. people not exactly tripping over themselves in china. you know they have been kugel the night for all apple products. what is going on? a massive meaningful shift? >> competition has arrived. you are seeing competitive lower priced products coming out of samsung, coming from amazon, google. you think about
FOX Business
Dec 2, 2012 1:00am EST
their fights over wages to mcdonald's in new york city. from mickey d's to wal-mart to one of our nation's busiest airports to key shipping ports. big labor is flexing its big muscles after the election and gary b, you say it's a big problem for us, the consumers, how so? >> absolutely, brenda, look, everyone should realize what unions are, unions are a little monopoly in the company and exercising the the monopoly powers, raise the rates and this days the wages for their employees through an unsustainable level. so what the employees have to do is pass those costs on to the consumer. you know, you just have to ask, brenda, where have unions made an industry more competitive? i can think of examples where they haven't, airlines, steel, auto, across the board, governments they put out of business, if even can argue they've made it more competitive. i'd stand upor unions and i can't find an example. >> prices have ge up in all of those industries and you say, fast foods, too cheap? >> yeah, i mean, i'll tell you what, i don't actually believe that we'll see unions at the fast food restaura
FOX Business
Dec 13, 2012 9:20am EST
for solar city, the solar panel company and i think the ipo is today when it starts trading we'll get back to you then. thanks a lot. i'll show you about the price of gas because it continues to drop. the national average for a gallon of regular down another penny, we're at 3.31 now, diesel 3.97. i've got to tell you, it's still the highest price for gas ever at this time of year. new york still the highest in the continental u.s., 3.78 in new york, that's the average and missouri the lowest, $3.01 a share and missouri is the only city, only place, rather, where we found major cities with the average price under $3. again, the star is st. louis, at 298. let's get back to apple, losing its cool, maybe. and mark is still with us, the editor in chief of laptop magazine. all right. i want to talk about-- let's see, this is the microsoft surface tablet, all right. >> yes. stuart: now, is this a threat to apple's dominance of the tablet market and apple's dominance of cool? do you like this thing? >> in the short-term i don't think it's a threat, but there are some things that surface has especi
FOX Business
Dec 26, 2012 6:00pm EST
city. they say higher taxes are grover norquist fault. he has not come to the table or been willing to negotiate. he is the person who forced members of the house of representatives to say no more taxes. what do you say? >> first of all, as you know, from congress to the senate and people in his or her state -- this pledge is protecting american people through tax increases. we haven't had a republican republican vote for a tax increase in 22 years. that has really slowed down the growth of government from what it would've been otherwise. now, obama comes in and wants to spend more and raise taxes. republicans are saying no. we would have a problem if obama hadn't increased the budget by a trillion dollars more a year. gerri: let's face it, whether you're talking about stimulus spending, obamacare, that's3 going to go through the roof, the things that you're going to pay for all this with higher taxes is lunacy, to say the least. on that note, we're going to have to leave it there. thank you for coming, grover. we hope to see you in the new year. christmas sales were weaker than exp
FOX Business
Dec 15, 2012 12:00am EST
york city tonight. for instance some of the spending in this pork-ladened bill would provide one millio dollars for trees in cemeteries. $4 million for sand dunes at kennedy space center. not beaches up here where they need dunes. $2 million for a new roof at the smithsoni is this bill really a relief bill or pork bill for mem, about of the congress? >> what you find, adam, basically they have caps on overall spending when. they do the emergency supply meant metals all of sudden the caps are irrelevant. all of sudden it is free cash. it is free-for-all for lawmakers trying to get money for the pet projects. you may get the smithsonian roofs may have been damaged by sandy but atime of budget crunch we have to prioritize and only do the most important and critical things. adam: isn't this thing turn voters against members of coress? we have cars for the fbi but office equipment. i don't reca superstorm sandy taking out washington, d.c. or the fbi headquarters? >> they may have had facilities in the area with vecles destroyed it comes back to. gsa has a lot of vehicles. some will come out
FOX Business
Dec 18, 2012 3:00pm EST
for new york city ceo and president very concerned about what an exit is will do to the arts already high unemployment rate. right there on your screen. what could it jumped to? >> well, great concern about the whole economy of the city, the unemployment rate, business continuity, and the country for that matter. what we're looking at, the potential that we could go over the fiscal cliff and jump quickly into a global recession, double the reception -- recession. liz: would you say 11 plus%. >> absolutely. liz: now, let me just explain what you do. you deal with a lot of ceos, get them in discussions and conversations to find out what it is they need to flourish in this city, state. >> number one is to, for washington to get its act together, come to a bipartisan resolution of our huge debt situation. accumulating debt at the rate of $3 billion a day. at this rate we are going to drive this nation into the ground, and we are going to create a horrible economic future. liz: you are part of the fix the debt campaign. many ceos on this fix the debt campaign group. so many of them here in new
FOX Business
Dec 27, 2012 11:00am EST
before this storm is over. the good news for new york city and boston is you did not get to deal with that snowfall. the wind has been howling over 40 miles per hour at times. especially during the overnight hours. that is what has reduced travel. we are just going to continue to see a slow commute on the roadways and also at the airport. winter storm warning still in place. pretty much the entire state of maine still looking for snowfall. you are still talking about a prolonged period of time. there will be more heavy snow and strong winds. maine still looking to see over a foot of snow here for much of the state. liz: it looks like that storm is heading to canada. quarter past the hour. stocks now and every 15 minutes. nicole: when traders on wall street continued to talk about washington, that remains a serious issue here. everyone knows that has not been solved yet. the truth is, there is nothing on the table. with that being said, you can see the dow and the nasdaq are down three quarters of 1%. the s&p is the worst of the bunch. bank of america and jpmorgan weighing on the
FOX Business
Dec 20, 2012 3:00pm EST
on the new york city metro, we have 80 shopping centers, and 140 in obama -- baltimore and wushz area. these are major cities, live, work, and play. >> one looking better than the other? >> the coasts are looking good, although, chicago is a major area. texas is a good strong market for us, good employment growth. >> 12% of the properties in california. we know california's financial situation is dire at this moment. i follow it closely. any erosion there or worrying trends? >> not so far. it's hard to build in california. if there's an existing shopping center, it's going okay, like in los angeles -- >> leading me to the next question. a lot of the guys are sprucing up existing malls. there's not as much out right building, or what are you doing? what's the choice here? >> the economics are not there to justify new buildings. rents have not recovered to the levels they were years ago so in terms of buying land, getting it titled, zoned, and then building just doesn't make economic sense. it's easier to renovate and expand what you already own. >> we're showing what retailers are in m
FOX Business
Dec 31, 2012 11:00am EST
. yes, it will be very cold. everyone really needs to bundle up. it is 30 degrees in new york city. we could be looking at windchill temperatures at 20 degrees. we are talking about snow today across portions of kansas, missouri and even into illinois and eventually received portions of ohio. the snow can still be coming down even during the midnight hour tonight. you will need umbrellas. you are talking rain across western portions of kentucky and that would be freezing rain into some spots. that is very dangerous. otherwise across parts of oklahoma and southern oklahoma, it is just plain old rain across many of those areas. for tonight, at midnight, there were fireworks will be going off. grab a clear umbrella so you can actually see. your current temperature is 11 in minneapolis. 32 degrees right now in new york city. of course, in the northeast, you factor in that wind and it feels colder. 12 degrees is what it feels like right now in burlington, vermont. dagen: because it is new year's eve, that dress looks great. >> why because it is new year's eve? dagen: you are right. i would
FOX Business
Dec 12, 2012 9:20am EST
of the continental u.s. and missouri is the lowest. 3.01. missouri has the only major city we found with the average price of regular we called a two handle. and in the next hour, the gas buddy joins us and where you can find the cheapest gas in your area. and 10:45. new figures from the u.s. census bureau shows about 100,000 more people left california than moved in. that's a net out migration in 2011. shockingly enough, mike reagan was not one of them. he joins us now bright and early from los angeles. thank you for getting up so early in los angeles, we appreciate it, mike. now-- >> you've got it. thank you very much. stuart: i thought i'd get you out, sorry about that. why are all of these people leaving? conventional wisdom has it, it's taxes, taxes, taxes. is it something more? >> how about lack the education? the school system used to be number one is now 49th in the country and taxes another reason for it, cost of living another reason for it and no vision into the future that's going to get better and somebody said in california the houses are free. and the weather is what costs you money.
FOX Business
Dec 6, 2012 4:00pm EST
into new york city. we don't have a lot of product in new york city. hard to develop a lower end brand, moderate hot tell tier. hard to make the numbers work. cambria, will be higher alternative value. liz: what is the rate on king room, not a suite, a basic room? >> the basic room in new york in the manhattan for us it will run somewhere in the low 200s. but remember --. liz: very reasonable. >> that's a value compared to the five or $600 you will be paying in are a lot of upper upscale hotels. david: how are you financing? credit is tough to get. >> credit is tough. it is getting better. gotten better in urban markets. this year it really improved. david: has that changed your plans? has i had made you more aggressive? >> it is a great time to build because we think the hotel business is continuing to expand for the next several years. new york is obviously one of the hottest markets in the country. it is a great place for us to launch a brand. everybody is here. all the travel managers are here. when they see the hotels they hope they book them at our other hotels. we believe the ti
FOX Business
Dec 28, 2012 1:00pm EST
being here, sir. >> pleasure. happy new year. david: it looks like the new york city subway wants in on th3 game. the transportation authority has a new path out called subway time. this app will reveal arrival times. for the first time in more than 100 years, straphangers, that is those of us who ride the subways, will be able to plan our commutes down to the minute. subway time will use new signals that transmit location and speed data. the signals are connected to centralized computers which will then update on the app. subway times will be free. the app is only available on iphone and ipod touch is. android and window devices are still in development. it only took them 11 years to finally get these type signals into the subway system at a cost of roughly $230 million. just 11 years. at last a deal reached. no, not on the fiscal cliff. we are live in miami, florida, next. the holidays are a sweet spot for cinnabon. president -- joined us and how this year is stacking up for her company. not even 40 years old and on her way to greatness. ♪ ♪ >> it is 1:41 p.m. and time for y
FOX Business
Dec 28, 2012 11:00am EST
from a major snow storm. the big cities of the east coast bracing for another. shibani: top of the hour every 15 minutes, we have lauren simonetti on the floor of the stock exchange. how are things looking? >> could be a lot worse but stocks are selling off for the fifth day in a row. the dow is down 67 points and the nasdaq down 9 and the s&p down 7. we were much lower earlier in the session. the vix index is spiking and volume to the downside today. is the second to last trading day of the year so this december rally, in jeopardy for the dow and the s and p and the nasdaq gave up the december gains but the financials go the market often times. as we look at the banks, here are the ones that are trading lower. bank of america down 1/2%, wells fargo trying to get into the green. as for the dow jones industrial average we have two stocks in the green, home depot is one of them and it turned into the positive after that strike at the east coast and gulf port was averted. american express is the other positive dow component. dennis: thank you very much. more on the kabuki theater in d.c. h
FOX Business
Dec 6, 2012 9:20am EST
in new york city. and we're following the apple story throughout today's program and right at the opening bell, a big name that you know and probbbly own, that's apple. what's it doing wrong? where will it open? pre-market, by the way, was down $9. below 530. buying opportunity? who knows. the opening bell though, that's next. can your hearing aid do this? lyric can. lyric can. lyric can. lyric by phonak is the world's only 24/7, 100% invisible hearing device. it's tiny. t lyric's not just about what you can't see. it's about what it can do. lyric can be worn 24/7 for up to four months, without batty changes. incredibly easy to live with, lyric can be worn showering, sleeping and exercising. in fact, you might forget it's there at all. call for a risk--free trial. and you'll see lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatom (testimonial section) (testimonial section) (ttimonial section) did you know, 94% of people o use lyric would recommend lyric to a friend or loved one. can your hearing aido
FOX Business
Dec 21, 2012 11:00am EST
a lot of delays to the new york city airports. there are delays. i know mike tobin said there are no delays in chicago, just come to new york, and you will be standing in line. this is a quick mover. we will still see big wind gust. that is what is keeping these flights on the ground. we could get an additional six to 12 inches off the great lakes winter storm advisories. things are going to be a little treacherous throughout the day today. things will clear up as we head into the weekend. merry christmas to you my friend and to your family. connell: thank you so much. a very festive janice and the weather. >> i am not surprised with him. connell: very creative. we will talk about the president a little bit. his approval rating is actually at the highest level since 2009. it is a really big question here, how does that affect the associations? wayne rogers on that. and then, would you pay to ccntact a stranger on facebook? shibani joshi on that story. before all of that, so more markets for you. here are treasuries to dale. >> hi, everyone. i have your fox business brief
Search Results 0 to 19 of about 20 (some duplicates have been removed)